FREL vs PSR: holdings overlap, shared companies and scores
As of October 9, 2026, FREL and PSR overlap 54.8% by weight. Fidelity MSCI Real Estate Index ETF (FREL): U.S. real estate investment trusts. Invesco Active U.S. Real Estate ETF (PSR): Active US equity REITs
Updated October 9, 2026
Where FREL and PSR trade against their own history
FREL trades at 29.4 times earnings, against its own median of 32.1, and is cheaper than 82% of its own last 9 years.
PSR trades at 31.0 times earnings, against its own median of 33.5, and is cheaper than 73% of its own last 9 years.
What moved FREL and PSR this week
FREL rose 1.3% in the week to October 9, 2026. The holdings that moved it most were American Tower (+12.4%), Crown Castle (+19.9%) and SBA Communications (+15.1%); Welltower (−1.0%) pushed the other way.
PSR rose 1.5% in the week to October 9, 2026. The holdings that moved it most were American Tower (+12.4%), Crown Castle (+19.9%) and Rayonier (+5.1%); Welltower (−1.0%) pushed the other way.
What do FREL and PSR each hold?
What's inside FREL: Tech 0%.
49% of FREL is its ten largest holdings.
61% of PSR is its ten largest holdings.
How much do FREL and PSR overlap? 54.8% by weight
As of October 9, 2026, FREL and PSR overlap 54.8% by weight.
57% of FREL is already inside PSR.
100% of PSR is already inside FREL.
FREL holds 125 companies and PSR holds 32; 32 are in both.
Computed by ETF Copilot from both funds' holdings rather than quoted from a data provider, and rebuilt nightly.
How does ETF Copilot score FREL and PSR? 2.8 and 2.9 out of 10
As of October 9, 2026, ETF Copilot scores FREL 2.8 out of 10 and PSR 2.9 out of 10.
They differ most on Value: FREL 7.0 and PSR 5.5.
The five factor scores behind them are set out below, 0–10 and higher is better, ranked against every US equity ETF we track.
| Factor | FREL | PSR |
|---|---|---|
| Growth | 0.6 | 1.0 |
| Value | 7.0 | 5.5 |
| Risk | 3.7 | 3.9 |
| Quality | 3.5 | 4.4 |
| Return | 1.2 | 1.3 |
FREL is the cheaper of the two at 0.08% a year
As of October 9, 2026, FREL charges 0.08% a year, yields 3.54% and holds $1.3B in assets across 125 positions.
As of October 9, 2026, PSR charges 0.35% a year, yields 2.78% and holds $55M in assets across 32 positions.
| Measure | FREL | PSR |
|---|---|---|
| Expense ratio | 0.08% | 0.35% |
| Dividend yield | 3.54% | 2.78% |
| Assets under management | $1.3B | $55M |
| Holdings | 125 | 32 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “FREL vs PSR holdings overlap and scores”, as of October 9, 2026.
https://etf-copilot.com/compare/frel-vs-psr
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